Kaieteur News

• ‘Time to change Exxon deal is now’ – Chris Ram

  …calls for 10% royalty, taxes, and cleanup cost to be borne by oil companies   (Kaieteur News) – The recovery of all investments made in the Stabroek Block by ExxonMobil – the Operator of the Stabroek Block – has removed the last semblance of risks for the operator, paving the way for the Government of Guyana (GOG) […]

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• ‘Fly-by-night’ company linked to Pres. Ali’s brother gets $3.9B in contracts in five days …$12.3B over following years, opposition alleges

  …company says Ali is only a senior technical consultant (Kaieteur News) – Leader of the Opposition Azruddin Mohamed has criticised Sigma Engineers Ltd Inc., alleging the firm received $3.697 billion in government contracts just five days after its local registration, accumulating over $12.3 billion in State awards over subsequent years. Pointing to corporate ties involving President […]

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• Iran threatens to go on offensive in Strait of Hormuz if diplomacy with US fails

  (Reuters) – Iran has decided to shift its policy from defensive to “fully offensive” due to the deadlock in efforts to agree a permanent end to its war ​with the United States, a senior Iranian official told Reuters on Monday. Progress towards peace talks and a resumption of oil tanker traffic through the strategic Strait […]

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